Financial system

Rajan planted 'a time bomb' in the financial system that will explode in December: Swamy's new salvo

"R3 (Raghuram Rajan) planted a time bomb in our financial system in 2013. It is timed for December 2016. The redeemable USD 24 billion in f.E. To be paid out by banks," Swamy tweeted.

Jun 09, 2016, 21:41 PM IST

IMF says financial stability risks rising, urges bank asset repair

World financial markets have calmed after turmoil earlier this year, but more needs to be done to ensure global financial stability amid slowing growth, weak commodity prices and worries about China`s economy, the International Monetary Fund warned on Wednesday.

Apr 13, 2016, 21:14 PM IST

Two billion people do not have bank accounts: IMF chief

Nearly two billion people globally do not have bank accounts including those in the US, IMF chief Christine Lagarde said Wednesday, ruing that financial systems around the world despite being sizable exclude many individuals from financial services.

May 06, 2015, 22:57 PM IST

Govt to bring 21st century financial system to every doorstep

Government is committed to bring 21st century financial system to every household in the country and was taking a number of steps in this regard, Lok Sabha was informed on Friday.

Feb 27, 2015, 16:13 PM IST

RBI for closer examination of promoters' share pledging

With banks in India facing deteriorating asset quality, RBI on Monday said certain corporate practices of using multi-layered structures and pledging of shares to raise funds from banking system need to be examined.

Dec 29, 2014, 19:08 PM IST